You are viewing a single comment's thread from:
RE: Bitcoin statistics - week 44
hey, welcome back indeed
You seem to be selling your Steem for SBD
I am just curious, is there any specific reason behind that? It seems counter intuitive to me since steem is valued less then SBD
The only thing i can think of is hoping/knowing the steem price will crash massively
SBD seems to be strong against falling below 1$ but goes easily above 1$ when Steem does, it's all about risc/reward ratio
Posted using Partiko Android
but when steem goes up then his sbd per steem is worth less, so that doesnt make sense
That is correct, he will always lose when Steem goes up to 1$ but when things go really up, SBD has reached higher levels as the volume is very low, i think it has been above 10$ in the last year.
Posted using Partiko Android
that is true, In this case I would start collecting the SBD from 1 dollar in steem price and not any lower (which I will) but for now I am just converting to steem and powering up or buying buildteam tokens